16 | Insights H1 2025 Mark Ammoun of Commercial Bankstown says the commercial property markets of South West and Western Sydney are experiencing notable inconsistencies. “While some highly desirable – primarily freestanding – assets are performing exceptionally well due to high demand from owner occupiers, other properties are struggling to attract interest,” says Mark. Owner occupiers continue to be the main driver of demand for high quality assets. And, amid the market’s variability, assets perceived to be ‘quality’ properties, notably those that are welllocated and freestanding, often generate significant competition, with multiple buyers showing interest in them. By contrast, less desirable properties are finding it difficult to gain traction. Mark says this indicates a clear divide across the market. Interest rates remain a dominant factor affecting economic conditions and property prices. “While interest rates are not expected to rise in the near future, the uncertainty surrounding them is causing businesses and investors to adopt a cautious wait-and-see approach,” Mark says. “This is contributing to the ongoing inconsistency in the market’s performance.” Mark Ammoun m.ammoun@rhc.com.au Bankstown Office Industrial Retail Rents p/m² Vacancy Yields Rates p/m² Six-month market outlook For more information, contact: Office Industrial Retail Rents p/m² $250-$320 $200-$300 $400-$900 Vacancy 8-10% 1.5% 9% Yields 7-8% 4-5% 8% Rates p/m² $3,000-$6,000 $4,000-$7,000 $5,500-$13,000 Current market conditions $265,000 30 Regent Crescent, Moorebank Recent Notable Transactions LEASED $530,000 34-36 Lisbon Street, Fairfield East LEASED
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